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Global double sided tape market is estimated to reach USD 13.15 billion by 2023 according to new research report

Industrial Market Research

New Research Study, The double sided tape market is projected to grow from USD 9.41billionin 2018 to USD 13.15billionby 2023, at a CAGR of 6.93% between 2018 and 2023. 3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Inter tape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US),Shurtape Technologies, LLC (US), and Scapa Group Plc (UK)are the key players operating in the double sided tape market. The rising demand for double sided tapes across various applications, such as electrical & electronics, building & construction, automotive, and paper & printing, is expected to drive the growth of the double sided tape market.

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Browse Sample Papers of “Double Sided Tape Market “spread across 183 Pages, Profiling 8 Companies and Supported with 163 Tables and 49 Figures is now available at: www.rnrmarketresearch.com/contacts…ple?rname=1547414

 The double sided tape market is projected to grow at a CAGR of 6.93% between 2018 and 2023, in terms of value.

The double sided tape market is projected to grow from USD 9.41billionin 2018 to USD 13.15billionby 2023, at a CAGR of 6.93% between 2018 and 2023. The rising demand for double sided tapes across various applications, such as electrical & electronics, building & construction, automotive, and paper & printing, is expected to drive the growth of the double sided tape market.

Increasing environmental concerns and growing number of regulatory policies have propelled manufacturers of double sided tapes to focus on the development of eco-friendly products. Volatile raw materials prices and backing material prices are acting as a restraint to the growth of the double sided tape market.

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Foam backing material costs are rising across the globe which is affecting the foam backed double sided tape market. Most raw materials used in the development of double sided tapes are petroleum-based derivatives that are vulnerable to fluctuations in commodity prices.

3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Inter tape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US),Shurtape Technologies, LLC (US), and Scapa Group Plc (UK)are the key players operating in the double sided tape market.

Report: www.rnrmarketresearch.com/contacts/?rname=1547414

 Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Research Limitations

3 Executive Summary

4 Premium Insights
4.1 Significant Opportunities in the Global Double Sided Tape Market
4.2 Double Sided Tape Market Growth, By Resin
4.3 Double Sided Tape Market Growth, By Technology
4.4 Double Sided Tape Market Growth, By Backing Material
4.5 Double Sided Tape Market Attractiveness, By Application
4.6 Double Sided Tape Market, Developed vs. Developing Nations
4.7 Double Sided Tape Market Share in APAC, By Application and Country
4.8 Double Sided Tape Market Share, By Region.

TOC Continued.

Based on application, the automotive segment is expected to lead the double sided tape market during the forecast period.

Based on application, the automotive segment is projected to lead the double sided tape market from 2018 to 2023, in terms of volume. In the automotive application, double sided tapes are used in plate panels, roof molding, outer belt moldings, rocker panel/claddings, emblem & name plates, rear spoilers, body & bumper side moldings, side mirrors, and side fenders/wheel flares.

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The Asia Pacific region is expected to lead the double sided tape market during the forecast period.

Based on region, the APAC region is projected to lead the double sided tape market from 2018 to 2023, in terms of volume. The economic growth of emerging countries, such as China, India, Taiwan, Indonesia, Vietnam, and Malaysia, is projected to drive the demand for double sided tapes in the Asia Pacific region.

China is projected to lead the double sided tape market in the Asia Pacific region. Factors such as increasing automotive production, availability of cheap labor and raw materials, low taxes, and less stringent environmental regulations are driving the growth of the double sided tape market in China.

Breakup of Primary Interviews:

  • By Company Type: Tier 1–65%, Tier 2–27%, and Tier 3–8%
  • By Designation: C-Level Executives –46%, Directors –40%, and Others–14%
  • By Region:North America–37%, Europe–21%, Asia Pacific–26%, South America–8%, and the Middle East &Africa–8%

Research Coverage

This report provides detailed segmentation of the double sided tape market on the basis of resin type, technology, backing material, application, and region. Based on resin type, the market has been segmented into acrylic, rubber, silicone, and others.

Based on technology, the market has been segmented into solvent-based, water-based, and hot-melt. Based on backing material, the market has been segmented into foam, film, paper/tissue, unsupported, and others.

Based on application, the market has been segmented into electrical & electronics, automotive, paper & printing, building & construction, and others. Based on region, the market has been segmented into Asia Pacific, Europe, North America, South America, and the Middle East & Africa.

Reasons to Access the Report

From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players in the double sided tape market, and company profiles. These insights together comprise and discuss basic views on the competitive landscape, emerging and high-growth segments of the double sided tape market, high-growth regions, and market drivers, restraints, and opportunities.

Get Full Access of Research Report at: www.rnrmarketresearch.com/contacts/?rname=1547414

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